Today, you purchase 3,086 shares of stock X at $19 per share and simultaneously sell SHORT 2,198 shares of stock Y at $2

[answerhappygod]

Today, you purchase 3,086 shares of stock X at $19 per share and
simultaneously sell SHORT 2,198 shares of stock Y at $27 per share.
There are no trading commissions. Broker charges a
4.90% interest on loan balances and credits a 2.90% interest on any
cash balance. Stock borrow fees are 1%. All rates are
effective annual rates, and there are no dividends. The
margin requirements are 50% on both sides. Assume that the
next trading date is three months from today, and there is no
margin recalculation before the end of these three months.
Now, assume that you have maximized your buying and selling
power today (which is what you can buy or sell on margin).
That is, there is no excess cash available in the account
today. If, in three months, stock X is up 10% while stock Y
is up 6%, what is the effective annual return on the account's
equity over the three months?
Question 2 options:
15.84%
16.28%
16.72%
17.16%
17.60%